Florida Real Estate News - 04/24/07
FLORIDA HOME SALES
Florida’s existing home sales remained at a sustainable pace in March, with buyers continuing to see favorable mortgage rates and a range of housing options available across the state, according to FAR. A total of 13,469 single-family existing homes sold last month for a 28 percent decrease from the March 2006 figure. The statewide existing home median price was $236,000.
Later today, hopefully, I will be posting statistical information and analysis on the Naples real estate, Bonita Springs real estate, and Estero real estate markets.
FLORIDA MORTGAGES
If you find a buyer, can that buyer find a mortgage? With so many subprime lenders going bankrupt or closing, it’s becoming harder for people with less-than-perfect credit to get loans, mortgage brokers say.
FLORIDA PROPERTY TAXES
Florida is far from alone in public outrage over property taxes. Battles are raging from Idaho to Texas to Vermont over whether to cut property taxes, cap government spending and change how homes and businesses are assessed.
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